DE VLAEMINCK CONSTRUCT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE VLAEMINCK CONSTRUCT
Largest movements
- Tangible fixed assets -€57,253
down €57,253 (-12.4%), from €462,613 to €405,360
of which Plant, machinery and equipment: -€31,947
- Cash +€15,110
up €15,110 (+1166.6%), from €1,295 to €16,406
mainly Depreciation (+€82,878) and Receivables within one year (+€12,323)
- Receivables within one year -€12,323
down €12,323 (-14.2%), from €86,488 to €74,165
of which Other amounts receivable: -€31,196
- Debts after one year -€46,404
down €46,404 (-26.6%), from €174,362 to €127,957
- Accrued charges and deferred income -€9,404
down €9,404 (-54.1%), from €17,395 to €7,991
- Short-term financial debts -€8,798
down €8,798 (-100.0%), from €8,798 to €0
- Other debts +€6,562
new in 2025: €6,562
- Tax, wage and social debts -€6,306
down €6,306 (-38.9%), from €16,218 to €9,913
- Gross operating margin -€15,381
down €15,381 (-8.6%), from €179,186 to €163,805
- Depreciation +€8,259
up €8,259 (+11.1%), from €74,618 to €82,878
- Staff costs -€4,774
down €4,774 (-7.9%), from €60,377 to €55,603
- Taxes -€4,627
down €4,627 (-51.4%), from €9,011 to €4,384
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,622 | €511,699 | -€55,922 | -9.9% |
| Fixed assets | 21/28 | €462,613 | €405,360 | -€57,253 | -12.4% |
| Tangible fixed assets | 22/27 | €462,613 | €405,360 | -€57,253 | -12.4% |
| Land and buildings | 22 | €251,862 | €257,474 | +€5,612 | +2.2% |
| Plant, machinery and equipment | 23 | €98,917 | €66,969 | -€31,947 | -32.3% |
| Furniture and vehicles | 24 | €111,834 | €80,916 | -€30,917 | -27.6% |
| Current assets | 29/58 | €105,009 | €106,340 | +€1,331 | +1.3% |
| Stocks and contracts in progress | 3 | €11,690 | €13,059 | +€1,369 | +11.7% |
| Stocks | 30/36 | €11,690 | €13,059 | +€1,369 | +11.7% |
| Amounts receivable within one year | 40/41 | €86,488 | €74,165 | -€12,323 | -14.2% |
| Trade receivables | 40 | €55,145 | €74,018 | +€18,873 | +34.2% |
| Other amounts receivable | 41 | €31,343 | €147 | -€31,196 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,295 | €16,406 | +€15,110 | +1166.6% |
| Deferred charges and accrued income | 490/1 | €5,536 | €2,710 | -€2,826 | -51.1% |
| Total equity and liabilities | 10/49 | €567,622 | €511,699 | -€55,922 | -9.9% |
| Equity | 10/15 | €222,250 | €225,351 | +€3,101 | +1.4% |
| Contributions | 10/11 | €31,400 | €31,400 | = | 0.0% |
| Reserves | 13 | €190,850 | €193,951 | +€3,101 | +1.6% |
| Non-distributable reserves | 130/1 | €3,140 | €3,140 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,140 | €3,140 | = | 0.0% |
| Distributable reserves | 133 | €187,710 | €190,811 | +€3,101 | +1.7% |
| Amounts payable | 17/49 | €345,372 | €286,349 | -€59,023 | -17.1% |
| Amounts payable after more than one year | 17 | €174,362 | €127,957 | -€46,404 | -26.6% |
| Financial debts | 170/4 | €174,362 | €127,957 | -€46,404 | -26.6% |
| Amounts payable within one year | 42/48 | €153,615 | €150,400 | -€3,215 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €120,521 | €121,410 | +€889 | +0.7% |
| Financial debts | 43 | €8,798 | €0 | -€8,798 | -100.0% |
| Credit institutions | 430/8 | €8,798 | €0 | -€8,798 | -100.0% |
| Trade debts | 44 | €8,078 | €12,516 | +€4,438 | +54.9% |
| Suppliers | 440/4 | €8,078 | €12,516 | +€4,438 | +54.9% |
| Taxes, remuneration and social security | 45 | €16,218 | €9,913 | -€6,306 | -38.9% |
| Taxes | 450/3 | €16,218 | €9,913 | -€6,306 | -38.9% |
| Other amounts payable | 47/48 | - | €6,562 | +€6,562 | |
| Accrued charges and deferred income | 492/3 | €17,395 | €7,991 | -€9,404 | -54.1% |
| Remuneration, social security and pensions | 62 | €60,377 | €55,603 | -€4,774 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,618 | €82,878 | +€8,259 | +11.1% |
| Other operating charges | 640/8 | €6,040 | €6,227 | +€187 | +3.1% |
| Gross operating margin | 9900 | €179,186 | €163,805 | -€15,381 | -8.6% |
| Operating profit (loss) | 9901 | €38,150 | €19,098 | -€19,053 | -49.9% |
| Financial income | 75/76B | €91 | €0 | -€91 | -100.0% |
| Recurring financial income | 75 | €91 | €0 | -€91 | -100.0% |
| Financial charges | 65/66B | €11,945 | €11,613 | -€331 | -2.8% |
| Recurring financial charges | 65 | €11,945 | €11,613 | -€331 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €26,296 | €7,484 | -€18,812 | -71.5% |
| Income taxes | 67/77 | €9,011 | €4,384 | -€4,627 | -51.4% |
| Profit (loss) for the period | 9904 | €17,286 | €3,101 | -€14,185 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,286 | €3,101 | -€14,185 | -82.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.